« Back to Glossary Index

Informal term for the new accounting rules applicable to bankrupt companies. For companies that either file for Chapter 11 after January 1991 or emerge from Chapter 11 after June 1991, assets are to be valued at market value rather than at historical cost.

Fresh start (Wikipedia)

Fresh Start may refer to:

Fresh start (Wiktionary)

English

Pronunciation

  • (Received Pronunciation) IPA(key): /freʃ ˈstɑːt/

Noun

fresh start (plural fresh starts)

  1. (idiomatic) A new beginning, without
... Read More
« Back to Glossary Index